UN Says Fossil Fuel is "Fading and Flailing"
UN Declares “Energy Transition is Unstoppable” What’s new: Two companion reports issued by UN agencies and the International Renewable Energy Agency conclude that global clean‑energy deployment has crossed “a positive tipping point” in cost and scale. Why it matters: Renewables are now more affordable than fossil fuels. In 2024, renewables provided 74 percent of the increase in electricity generation and accounted for 92.5 percent of new generating capacity. Clean energy investment rose to a record $2 trillion worldwide, $800 Billion more than investment in fossil fuels. Presenting their…
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